3908 NW 19th St
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3908 NW 19th St
38,261 SF 100% Leased Retail Building Lauderhill, FL 33311 $8,450,000 ($221/SF)
Investment Highlights
- Rarely available retail plaza in the heart of Broward
- High growth area with rental upside
- Great tenant mix
Executive Summary
Lauderhill Pointe offers an exceptional investment opportunity in the heart of Broward County, Florida - also within an Opportunity Zone. Priced at $8,450,000, this property boasts a current Net Operating Income (NOI) of $639,911 with a pro forma market NOI exceeding $900,000, providing a strong return potential. Lauderhill Pointe is poised for significant financial growth. The property features a diverse mix of stable neighborhood tenants, including a brewery and a CPA firm, ensuring a reliable income stream. Located in Lauderhill, this property is perfectly situated to serve the vibrant local community, making it a timeless and strategic addition to any investment portfolio.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
38,261 SF
Building Class
B
Year Built
1980
Price
$8,450,000
Price Per SF
$221
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Land Acres
2.64 AC
Opportunity Zone
Yes
Zoning
CW - Commercial Warehouse
Frontage
330 FT on Florida 7
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,467,240 | |
Land Assessment | $801,360 | Total Assessment | $2,268,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$801,360
Improvements Assessment
$1,467,240
Total Assessment
$2,268,600
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3908 NW 19th St
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